UAE growth seen at 2.7 per cent in 2013

Real GDP growth in the UAE is expected to grow at 2.7 per cent and 2.2 per cent in 2013 and 2014 respectively, with real non-oil GDP forecast to grow by four per cent for the next two years – well below its 2001-08 annual average of nine per cent, according to a brief from the National Bank of Kuwait (NBK).